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1 Bonazzoli Avenue, Hudson,...

Worthmore Property Management Sells Industrial Property In Hudson, MA For $2.55M
SOLDIndustrial

Worthmore Property Management Sells Industrial Property In Hudson, MA For $2.55M

1 Bonazzoli Avenue, Hudson, MA 01749

$2,550,000

$97/SF

Building Size

26,130 SF

Asset Type

Industrial

Closing

Mar 1, 2022

AI

Located at 1 Bonazzoli Ave in Hudson, MA, this industrial property was recently sold in a closed transaction. Spanning 26,130 square feet, the property stands as a valuable asset in the market. The sale took place on 03/02/2022 for a price of $2,550,000, resulting in a price per square foot of $98.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,550,000
  • Address: 1 Bonazzoli Ave
  • Market: Hudson, MA
  • Square Footage: 26,130
  • Seller: Worthmore Property Management
  • Buyer's Representative: Alex Wood - SVN | Parsons Commercial Group | Boston
  • Seller's Representative: Bill Sullivan - Avison Young

Alex Wood from SVN | Parsons Commercial Group | Boston served as the buyer's representative in this transaction, while Bill Sullivan from Avison Young represented the seller. The involvement of these key individuals showcases their expertise and commitment to ensuring a successful deal.

Players

Alex Wood

SVN

Broker

$6.4M

vol

3 deals

Broker

Hudson Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93